Prediction markets platform Kalshi is preparing to launch crypto trading in the U.S., according to a report from The Information, expanding beyond its core prediction markets business as competition intensifies across both sectors.
The platform plans to start by offering perpetual futures tied to crypto tokens such as bitcoin , people familiar with the matter told the publication.
Perpetual futures are a type of derivatives contract that allow traders to bet on the price of an asset without owning it and without a fixed expiration date. Unlike traditional futures, which settle at a set time, perpetuals can be held indefinitely as long as traders maintain sufficient collateral. Prices are kept aligned with the underlying…
